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The service industry is rising steadily, and the main role of economic growth continues to emerge
2025-05-02 source:CCTV.com

CCTV News (News Network): In 2024, my country's service consumption supply will accelerate the quality improvement and expansion, and the demand for service consumption will continue to be released, driving the service industry to achieve rapid growth, and the supporting role of the high-quality economic development will continue to emerge.

In 2024, service retail sales increased by 6.2% over the previous year, 3.0 percentage points higher than the growth rate of commodity retail sales in the same period. The national per capita service consumption expenditure increased by 7.4% over the previous year, accounting for 46.1% of the per capita consumption expenditure of residents, an increase of 0.9 percentage points over the previous year.

In 2024, the modern service industry will further integrate with other industries to promote the overall optimization and upgrading of the industrial structure. The added value of information transmission, software and information technology services increased by 10.9% over the previous year, greatly improving the level of intelligent digitalization in manufacturing and other industries. The operating income of integrated circuit design and Internet production service platform companies has achieved an increase of more than 15%.

In 2024, the added value of the national service industry increased by 5% over the previous year, and its contribution to national economic growth reached 56.2%, driving the growth of GDP by 2.8 percentage points. With the accelerated cultivation of new momentum and new advantages in the development of the service industry, the main role of the service industry in economic growth will be further enhanced.

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